Junior Underwriter Global Benefits

Aon Corporation; Amsterdam; On-site; EUR 35,544 - 42,575; Full time

Benefits offered by this job

Comprehensive benefits package

Global Wellbeing Days

Diverse workforce encouragement

Flexible working solutions

Job summary

Aon Corporation, located in Amsterdam, is seeking a Junior Captive Underwriter to join their team. This hybrid role offers both virtual and in-office work, aimed at delivering innovative People Risk solutions to multinational clients.

The ideal candidate will possess a Bachelor's or Master's degree in relevant fields and have 2-3 years of professional experience. Proficiency in Excel and data analytics is essential, along with structured knowledge of insurance financial reporting.

Qualifications

• Minimum 2-3 years of relevant professional experience.
• Structured knowledge and technical understanding of insurance financial reporting.
• Experience on Employee Benefits insurance underwriting is a considerable plus.

Responsibilities

• Deliver underwriting advisory to EMEA based multinationals.
• Ensure high-quality delivery of underwriting advice.
• Contribute to the implementation of the strategy for the Captive EB Services advisory business.

Skills

Structured knowledge of insurance financial reporting

Experience with Employee Benefits insurance underwriting

Data analytics experience

High proficiency in Excel

Proficient in English

International experience

Education

Bachelor or Master Degree in Economics, Actuarial, Finance, Accounting or related fields

Job description

Employee Benefits Junior Captive Underwriter

Amsterdam | Fulltime | max € 3500,- gross a month

Would you like to work in an international environment and be part of a key growth area within Global Benefits? Do you like working with people and helping them understand the numbers? If so, this role may be the one for you!

This is a hybrid role with the flexibility to work both virtually and from our Amsterdam office.

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like

As part of an industry-leading team, you will help deliver results to our multinational clients by working on innovative and effective People Risk solutions as part of Aon’s Health Solutions business.

Global Benefits partners with Multinational companies to optimize their People Risk strategy.

The core of our support lies in the management of the insured benefit plans globally and the setup of the employee benefit strategy.

This strategy will involve local renewal support, global consolidation to employee benefits in a Captive.

In addition Aon also partners with clients on the broader scope of People Risk such as mitigation of claims, Employee Wellbeing, DE&I and Employee Value Propositions in combination with other Aon Expertise Teams such as Talent Assessment and Compensation.

As a regional underwriter, you will be responsible for delivering underwriting advisory to EMEA based multinationals under the guidance of the Captive EB Services Global Head of Underwriting.

• Contribute to the implementation of the strategy for the Captive EB Services advisory business;
• Work with our clients’ account management teams to ensure high-quality and timely delivery of underwriting advice to our clients;
• Generate policy underwriting proposals to be shared with Risk and Insurance Managers at the client;
• Collaborate and share best-practices with other Regional Employee Benefits Captive Underwriters under the lead of the Captive EB Services Global Head of Underwriting;
• Liaise with EB providers across our client portfolio to discuss underwriting related topics;
• Ensure diligent and high-quality delivery of Captive EB underwriting advice to high client satisfaction and as such indirectly contribute to sales and revenue growth of the Captive EB Services team;
• Liaise with internal AON stakeholders, to effectively meet project/client deadlines, under guidance of the Global Head of Underwriting;
• Build an internal network of Aon colleagues active in the underwriting/captive space, as well as an external industry contacts network;
• Review reinsurance financial statements issued by the insurers and validate them against captive underwriting reports;
• Work towards achieving a net positive financial settlement for client’s captive portfolio;

How this opportunity is different

This role will provide you with international exposure working with clients and Aon teams across the world with the opportunity to develop yourself, the solutions and the team. We have a close-knit team of 15+ professionals in Amsterdam, and around 30 across EMEA which provides us with a multicultural environment, with over 10 nationalities and spoken languages in the team.

Skills and experience that will lead to success

• Structured knowledge and technical understanding of insurance financial reporting, with experience on Employee Benefits insurance underwriting and processes being a considerable plus;
• Minimum 2-3 years of relevant professional experience;
• Data analytics experience;
• High proficiency in Excel;
• Language requirements – proficient in English;
• International experience is a plus, not a must;
• Bachelor or Master Degree, or proven equality of knowledge based on experience, preferably in Economics, Actuarial, Finance, Accounting, Corporate Finance, Mathematics or related subjects or equivalent years of industry experience;

How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.

We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email [e-mail].